Afternic.com Makes it Easier than Ever to Find the Perfect Name with 'Domain Wanted Ads'.

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 9, 2000

Domain Wanted Ads Help Buyers Find Names by Getting

the Right Names to Come to Them

Afternic.com, a leading aftermarket domain name exchange, and a wholly owned subsidiary of register.com (Nasdaq: RCOM), today announced the launch of a new, cost-free service for potential domain name buyers that effectively does the shopping for them.

Domain Wanted Ads, which can be processed through link in the Buy/Sell section of the Afternic web site, will allow buyers to communicate their domain name needs to the Afternic seller community. Sellers then have the opportunity to submit suggestions from their portfolio of domain names, which get delivered directly to the buyer through an easy to manage, anonymous online system.

"Many people looking for domain names have no idea where to start in the creative process of coming up with a memorable online identity," said Jon Whelan, Managing Director, Afternic Secondary Market Development. "What buyers get at Afternic is an active, expert seller community that our customers can use to their advantage. The Domain Wanted Ads service is the perfect way to harness this community of experienced name creators and facilitate communication between our buyers and our sellers to both parties' advantage."

Potential buyers can place Domain Wanted Ads directly on the Afternic site in minutes by filling out a short description of the sort of name they are seeking and for what purpose they intend to use it. Wanted Ads are then posted and buyers begin receiving responses as soon as they're submitted in an easy-to-monitor list format through their Afternic account. Responses detail the name offered and the price range sought by the seller. Buyers will receive email alerts as new offers are posted on a daily basis.

For example, if a buyer plans to launch a site to sell low cost airline tickets, the buyer would submit a Domain Wanted Ad containing various key words, such as "air", "tickets", "travel" and "cheap", and detailing what sort of traffic he or she is seeking. Based on the description, Afternic's reseller community, which has listed nearly 1M domains for sale, may suggest the buyer consider purchasing names they currently own and are offering for resale. Sell offers include asking prices and the buyer is under no obligation to respond to the offers received.

Buyers can also elect to receive suggestions from members of Afternic's domain expert community, offering counseling on what kind of name they should seek given their individual needs. Corporate Customers, including all members of register.com's Corporate Services Division, can also benefit from the Domain Wanted Ads service by searching for domain names for new products and services without disclosing their corporate identity.

"Domain Wanted Ads are the perfect service for every type of buyer, from those who want one name to companies and organizations that have ongoing domain needs," said Mr. Whelan. "This is just the latest in an ongoing suite of services we plan to offer customers to make acquiring a domain in the aftermarket an easy, affordable and secure process."

Once a buyer accepts a seller's offer through the Domain Wanted Ads service, Afternic provides DNEscrow Services to ensure a safe and speedy transfer of both the registration and the funds.

About Afternic.com

Since its initial launch in November 1999, Afternic.com has become a leading destination on the Web for aftermarket domain name sales, acquisition, and research. Buyers and Sellers can value domain name assets, place automatic bids, track auction activity, and manage complex domain name portfolios. Afternic.com currently lists nearly one million names for sale and the site's over 100,000 members have created over 1000 unique valuation models, and made over one million community appraisals, making Afternic.com the leading domain name valuation resource on the Internet.

All transactions processed on the Afternic web site are protected by Afternic's exclusive registration transfer process, DNescrow. Afternic is a wholly owned subsidiary of register.com, inc. and is based in New York City.

About register.com

Register.com, Inc (www.register.com) is a leading provider of domain name registration services for individuals and businesses that wish to have a unique address and branded identity on the Internet. The first registrar to compete in the domain registration market after the industry was deregulated in 1999, register.com has processed over three million domain registrations across over 230 top level domain extensions, including .com, .net .org, co.uk (United Kingdom), and .co.de (Germany).

In addition to quick and user-friendly domain registration services, register.com provides e-mail, URL forwarding, online domain management and site creation services at no extra cost. Additional products and services available on the register.com site include Site Submit(TM), Domain Lock Down(TM), Trademark Guardian(TM), Domain Round Up(TM), and domain name re-sale services through the company's subsidiary, Afternic.com(TM).

Through the company's partner network, Register.com also provides telcos, ISPs and other online businesses with the ability to offer, brand and manage their own unique version of the register.com domain registration and Web site creation services. The company was founded in 1994 and is based in New York City.

Statements in this announcement other than historical data and information constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, volatility in register.com's stock price, uncertainty of future revenue and profitability, uncertainty regarding the introduction of new top level domains and multilingual domain names, increasing competition across all segments of the domain name registration business, customer acceptance of new products and services offered by the company in addition to or as enhancements of its registration services, uncertainty of regulation related to the domain registration business and the Internet generally and the rate of growth of the Internet and online commerce, and other factors detailed in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the period ended June 30, 2000.